Form 4: Tidewater Inc. Executive Vice President Sells 8,000 Shares
SEC Form 4 Filing
Daniel A. Hudson, EVP & General Counsel of Tidewater Inc., sold 8,000 shares of common stock at $82 per share on March 5, 2024.
Summary
- On March 5, 2024, Daniel A. Hudson, the Executive Vice President & General Counsel of Tidewater Inc. (TDW), sold 8,000 shares of the company's common stock.
- The sale was executed at a price of $82 per share.
- Following the transaction, Hudson directly owns 104,312 shares of Tidewater Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executives or directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The stock sale by a high-ranking executive could influence investor sentiment, potentially affecting the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of the stock sale transaction |
| 03/07/2024 | Date of signature on the Form 4 filing |
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